Cranbrook Wealth Management LLC Trims Stock Position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Cranbrook Wealth Management LLC trimmed its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 3.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,984 shares of the company’s stock after selling 353 shares during the period. Cranbrook Wealth Management LLC’s holdings in Vanguard Small-Cap Growth ETF were worth $3,076,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Merit Financial Group LLC increased its position in shares of Vanguard Small-Cap Growth ETF by 4.2% during the fourth quarter. Merit Financial Group LLC now owns 30,743 shares of the company’s stock worth $8,610,000 after purchasing an additional 1,229 shares in the last quarter. Wealthcare Advisory Partners LLC grew its stake in Vanguard Small-Cap Growth ETF by 3.2% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 13,739 shares of the company’s stock worth $3,848,000 after buying an additional 427 shares during the last quarter. Total Wealth Planning LLC increased its position in Vanguard Small-Cap Growth ETF by 0.7% during the fourth quarter. Total Wealth Planning LLC now owns 63,843 shares of the company’s stock worth $17,880,000 after buying an additional 419 shares during the period. Decker Retirement Planning Inc. acquired a new position in Vanguard Small-Cap Growth ETF during the fourth quarter worth approximately $46,000. Finally, Empirical Asset Management LLC purchased a new stake in Vanguard Small-Cap Growth ETF in the fourth quarter valued at approximately $29,368,000.

Vanguard Small-Cap Growth ETF Trading Up 0.4 %

Shares of VBK opened at $290.01 on Friday. The company’s 50 day simple moving average is $290.07 and its 200-day simple moving average is $271.05. Vanguard Small-Cap Growth ETF has a 12-month low of $229.95 and a 12-month high of $304.59. The firm has a market cap of $19.54 billion, a PE ratio of 23.60 and a beta of 1.31.

About Vanguard Small-Cap Growth ETF

Vanguard Small-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Growth Index (the Index). The Index is a diversified index of growth stocks of smaller United States companies.